Hoping to defuse a three-decade feud over whale hunting, three academics are making an audacious proposal: The world should put a price on killing whales and allow conservationists and whalers alike to bid on the right to take them.

The Malua Wildlife Habitat Conservation Bank (Malua BioBank ) recently was launched in Malaysia by a forestry investment management firm that is at the forefront of developing and commercializing environmental products.

Founded 30 years ago in Bozeman, Montana, PERC—the Property and Environment Research Center—is the nation’s oldest and largest institute dedicated to improving environmental quality through property rights and markets.

The goal of PERC’s programs is to fully realize the vision of establishing “PERC University,” where scholars, students, policy makers, and others convene to expand the applications of free market environmentalism.

PERC's fellowships share a common goal of exposing new scholars, students, journalists, and policy makers to free market environmentalism, as well as enable scholars already familiar with FME to explore new applications.